Tour Richard Branson's private island where he and his team rode out Hurricane Irma

Hurricane Irma has brought significant damage to much of the Caribbean as it’s barreled towards South Florida.

One of the islands in the path of the “potentially catastrophic” Category 5 hurricane was Necker Island, the British Virgin Island retreat belonging to billionaire entrepreneur Richard Branson.

Earlier this week, Branson announced that he and his team would be riding out the storm in the main house’s wine cellar.

Following the storm’s hit on the island, a spokesperson for the Virgin Group told Business Insider: “Virgin Limited Edition can confirm that on the 6th September 2017 Necker Island sustained extensive damage as a result of Hurricane Irma. There were no guests on Island at the time and all staff staying on Island have been accounted for as safe and well.”

This is not the first time that Branson has had to repair the structures on Necker Island. A major fire in 2011 brought major damage to the main house, which took two years to rebuild.

Branson bought the 74-acre island in the British Virgin Islands for $A223,658 after visiting in 1978. He has called it “the best financial move” he ever made. The island has been a getaway for celebrities, entrepreneurs, and even former President Barack Obama, who visited shortly after he left the White House in January.

Individual rooms can be rented starting at $A5,318 a night, for a week minimum, while the island can be rented as a whole for $A96,918 a day.

Take a look around the island as it looked in less stormy times.

74-acre Necker Island is located in the British Virgin Islands, in the Caribbean Sea.

There are two 'private' beaches (though it's a private island, all beaches up to the high-water mark are open to the public, under British Virgin Islands law), two infinity pools, a swim-up bar, a hot tub that fits 30, a personal chef, and around 100 employees.

Facebook, Necker Island

Many celebrities have vacationed here, from Princess Diana to Mariah Carey, and even Nelson Mandela. Kate Moss had her 40th birthday party on Necker, and Google co-founder Larry Page had his wedding there.

Facebook, Necker Island

Obama tried his hand at kitesurfing, a favourite hobby of Branson's, during a visit there in January.

Jack Brockway/Virgin Handout via REUTERS

The Great House has eight guest bedrooms and a 1,500-square-foot master suite with panoramic views of the Caribbean. There's even a zip line that carries guests from the house to the beach below.

Todd Vansickle / AP Images

It was uninhabited when Richard Branson bought it more than 30 years ago for $A223,658.

Robert Libetti/ Business Insider

The entrepreneur spent years turning Necker into a private island paradise for personal use, and to rent to guests.

Robert Libetti/ Business Insider

But tragedy struck in 2011 when Necker's Great House was struck by lightning and burned to the ground (fortunately, no one was injured). Branson vowed to rebuild.

There's also a tranquil spa.

Guests can even explore in Branson's mini-submarine, the Necker Nymph.

Branson and his team rode out the hurricane in these bunk beds. 'All of us slept together in two rooms. I haven't had a sleepover quite like it since I was a kid,' Branson wrote on his blog. 'We were listening to the parrots in their boxes in the next room chattering away. Watching the tortoises congregating together, as if they sense what is coming our way.'